The 340b Drug Pricing Program was a result of the Veterans Health Care Act of 1992. The program allows various federally-qualified programs to have access to cost saving measures that can save up to 50% on drug costs as compared to other programs. Incorporating 340B into your organization has many benefits for both the patient and provider. With budgets cut and grants expiring, the 340B program is able to empower various facets of your organization.
Learning Objectives:
- Benefits the Pharmacy Provides- With state budget cuts and grants not being renewed, a 340B program in your organization may be able to fill in some of those gaps. In this section how to properly adjust financially for a 340B pharmacy will be covered.
- Starting and Maintaining the Pharmacy- There is a large learning curve to operating an in house 340B pharmaceutical program. Proper record keeping, organizing medications and communicating with the patient are some issues of concern when first starting the program. Pharmacy functions will be covered in this section.
- Patient outreach- By operating a 340B pharmacy in house, keeping up to date with patient needs it of utmost importance. Communicating with the patients and learning their needs and habits become a part of business in the pharmacy. In this section proper communication will be covered.
